GST intelligence unearths Rs 338 crore fake invoicing racket in Assam

Directorate General of GST Intelligence (DGGI), Guwahati Zonal Unit unearthed a Rs 338 Crore racket of fake invoicing in which fake credit of Input tax (TTC) involving Rs 28.97 crores of GST was taken.

It was informed by the Additional Director General (GST Intelligence, Guwahati, LS Gangte in a statement a trader was engaged in receipt and issuance of fake invoices of coal. The firm showed purchase of coal from Gujarat, Punjab and Delhi to his Guwahati unit to avail Input Tax credit. The unit subsequently issued invoices to Cement Manufacturers, Coke Manufacturers, and other traders etc in North East without supply of any goods.

The proprietor created two more fake entities by the same name at Ludhiana and Gandhidham and showed business transactions between these firms on paper without any supply of goods. This huge racket of fake invoicing involved other firms in Delhi, Punjab and Gujarat which were found to be non-existing


The statement added Amit Kumar and Sourav Bajoria have been arrested for violations of different provisions of the GST Act and produced before the CJM who remanded them to 14 days of Judicial Custody.